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They at least do have actual investors and partners. Whether CBS is paying a rights fee or not is unclear.

That's not all that's missing that's interesting:
1 - No sense that it's a "developmental league," the type fanboys keep salivating about, as if we desperately need a whole league to develop backup left tackles.
2 - The release did not use the standard "Plenty of players who are drafted but cut every year blah blah blah" thing. Those players exist, yes, but they're not worth paying to go see.

It feels like it's more of a play to get you to stream stuff on your phone and/or play fantasy. (How you're going to play fantasy effectively with players you've barely got a sense for is also unclear.)

But this prospective league suffers from the same myopia as the rest: the idea that people just want to watch 11 guys play football against another 11 guys as long as you call it professional.

There aren't 32 quality quarterbacks now (see Jets, New York and their eternal quest for one). There surely aren't eight or sixteen other ones worth paying to watch. (And with football being the most expensive sport there is, yeah, you're not going to be paying $10 a ticket.)

If they're envisioning this as a TV show and hoping that single-entity will give them enough economies of scale to make up for the lack of revenue that is surely going to be theirs unless they spend the hell out of sales and marketing and ticket-sales people, it's doomed. The XFL was a TV show whose target demographic wasn't going to be home on the nights they were showing their main game. No wonder it failed.

Let's watch what happens next. I'm still of a mind that it can't be done, but at least this isn't FXFL Boy who can't even pull off a handful of games, or the scamming NAFL couple or the League of Extraordinary High School Age Gentlemen or MLFB or Jerry Craig's vaporware league. This has some gravitas behind it, at least.

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Old enough to remember when bashing the ABA was fun.

Steve Spurrier, the coach of the team in Orlando say's he wants Tim Tebow to play for him. Tebow playing football in Florida again would be a money maker. He's a class act and they love him down there. Now the other 7 teams in the league need to find their own regional football legends to keep pace with Orlando.